Zscaler (ZS) Interest Coverage Ratio (2020 - 2026)
Zscaler (ZS) posted quarterly Interest Coverage Ratio of 1.88 for Q1 2026, up 65.92% year-over-year from 1.13 in Q1 2025, and down 45.52% quarter-over-quarter from 1.29 in Q4 2025.
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Analysis
Zscaler (ZS) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Zscaler (ZS) has reported Interest Coverage Ratio for 10 consecutive years, with 1.88 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 65.92% year-over-year to 1.88; the TTM figure through Jan 2026 stood at 5.29 (up 61.77% YoY), while the FY2025 annual figure was 0.13, up 11.41% from the prior year.
- Interest Coverage Ratio retreated to 1.88 in Q1 2026 per ZS's latest filing, from 1.29 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.27 in Q2 2024 and bottomed at 75.07 in Q3 2024.
- Historically, Interest Coverage Ratio has averaged 12.08 across 5 years, with a median of 5.52 in 2025.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio plunged 820.51% — and 2025, when it surged 99.21%.
- Zscaler's Interest Coverage Ratio stood at 8.34 in 2022, then surged by 49.83% to 4.18 in 2023, then soared by 48.38% to 2.16 in 2024, then surged by 40.18% to 1.29 in 2025, then tumbled by 45.52% to 1.88 in 2026.
- Business Quant data shows ZS's Interest Coverage Ratio at 1.88 in Q1 2026, 1.29 in Q4 2025, and 0.59 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 48.39 |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 4.26 |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | -5.50 |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 215.41 |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | -66.59 |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 2.68 |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | - |
| 10 | Zscaler | 27.01 Bn | 23.50 Bn | 624.49 Mn | -12.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | -12.27 |
| Oct 31, 2025 | -17.10 |
| Jul 31, 2025 | -15.55 |
| Apr 30, 2025 | -12.93 |
| Jan 31, 2025 | -17.16 |
| Oct 31, 2024 | -9.76 |
| Jul 31, 2024 | -7.48 |
| Apr 30, 2024 | -1.09 |
| Jan 31, 2024 | -12.61 |
| Oct 31, 2023 | -14.58 |
| Jul 31, 2023 | -17.86 |
| Apr 30, 2023 | -40.31 |
| Jan 31, 2023 | -48.94 |
| Oct 31, 2022 | -51.91 |
| Jul 31, 2022 | -5.71 |
| Apr 30, 2022 | -6.08 |
| Jan 31, 2022 | -5.98 |
| Oct 31, 2021 | -5.38 |
| Jul 31, 2021 | -4.94 |
| Apr 30, 2021 | -3.26 |